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Kalshi launches AI hedging tool for small businesses

Kalshi, a regulated prediction market exchange, has launched a new AI-powered tool called Blanket. Developed by independent economist Lauris Zminsky, Blanket aims to help small businesses hedge against various risks, such as weather events or economic fluctuations, by suggesting relevant Kalshi event contracts. The tool acts as a reasoning and discovery engine, guiding users to Kalshi's platform for actual trade execution, while Kalshi itself has stated it was not involved in Blanket's creation. AI

IMPACT Potentially lowers the barrier for small businesses to access risk management tools through AI-driven recommendations.

RANK_REASON Launch of a new AI-powered tool that integrates with an existing platform for a specific user group.

Read on Fortune →

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Kalshi launches AI hedging tool for small businesses

COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Nick Lichtenberg ·

    Exclusive: Kalshi launches ‘Blanket’ to help small businesses hedge against risk—with help from the guru of ‘hypergamblification’

    Lauris Zminsky says "a lot of young people are embracing lottery-ticket economics" — but his new project with Kalshi is totally separate from that.